Kazakhstan: Overview of the Market for Sheep And Goat Meat 2019

Market Size for Sheep And Goat Meat in Kazakhstan

The revenue of the sheep and goat meat market in Kazakhstan amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. In that year, the sheep and goat meat market reached its peak level of $X. From 2012 to 2018, the growth of the sheep and goat meat market failed to regain its momentum.

Production of Sheep And Goat Meat in Kazakhstan

In value terms, sheep and goat meat production stood at $X in 2018 estimated in export prices. Overall, the total output indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2009 when production volume increased by X% against the previous year. Sheep and goat meat production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Exports of Sheep And Goat Meat

Exports from Kazakhstan

In 2018, approx. X tonnes of sheep and goat meat were exported from Kazakhstan; going up by X% against the previous year. Overall, sheep and goat meat exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, sheep and goat meat exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, sheep and goat meat exports totaled $X in 2018. Overall, sheep and goat meat exports continue to indicate resilient growth. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, sheep and goat meat exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Iran (X tonnes) was the main destination for sheep and goat meat exports from Kazakhstan, accounting for a X% share of total exports. Moreover, sheep and goat meat exports to Iran exceeded the volume sent to the second major destination, Russia (X tonnes), more than tenfold. Iraq (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Iran stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Iraq (+X% per year).

In value terms, Iran ($X) remains the key foreign market for sheep and goat meat exports from Kazakhstan, comprising X% of total sheep and goat meat exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Iran stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Bahrain (+X% per year).

Export Prices by Country

In 2018, the average sheep and goat meat export price amounted to $X per tonne, going up by X% against the previous year. In general, the sheep and goat meat export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sheep And Goat Meat

Imports into Kazakhstan

In 2018, the amount of sheep and goat meat imported into Kazakhstan totaled X tonnes, going up by X% against the previous year. Over the period under review, sheep and goat meat imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked at X tonnes in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, sheep and goat meat imports stood at $X in 2018. Over the period under review, sheep and goat meat imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, sheep and goat meat imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

Uruguay (X tonnes), Australia (X tonnes) and Russia (X tonnes) were the main suppliers of sheep and goat meat imports to Kazakhstan, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X) constituted the largest supplier of sheep and goat meat to Kazakhstan, comprising X% of total sheep and goat meat imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Uruguay stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and Russia (+X% per year).

Import Prices by Country

The average sheep and goat meat import price stood at $X per tonne in 2018, jumping by X% against the previous year. Overall, the import price indicated a pronounced increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sheep and goat meat import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Russia ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform